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Jan 9, 2013
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if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue, because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is resigning. this at the time that president obama has picked jack lew to replace tim geithner as treasury secretary. whoever runs the jaret -- the treasury has a critical job. so far, 2013 has been marked by fighting over the fiscal could. but americans say they are looking for solutions, decisions. we have the ceo of accounting giant duch joining me from -- deloit joining me from new york. what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fi
if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue, because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is...
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Jan 9, 2013
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. >>> like it needs it but another black eye for boeing. the third in three days. our very own phil lebeau has been following this since the beginning and you have the latest for us now. phil? >> we heard from boeing executives an hour and a half ago hearing where things stand for the 787. defending it is a reliable aircraft. as we look at a picture of the ntsb increst gating the batteries, the trace the cause of the fire on monday, boeing today on a conference call defended the use of lithium ion b batteries. boeing says it has 1 million miles flown with those batteries pch they believe it is safe in the future. chief engineer is asked whether he was worried about whether or not the problems with the dream liner will hurt the plane or boeings reputation mp here is what he had to say. >> what impact he the customer serious to me, anything that create downtown on the airplane when the airplane should be flying, serious to me. anything that creates media attention is serious to me as well. so i'm concerned about the things that everybody is concerned about. there's n
. >>> like it needs it but another black eye for boeing. the third in three days. our very own phil lebeau has been following this since the beginning and you have the latest for us now. phil? >> we heard from boeing executives an hour and a half ago hearing where things stand for the 787. defending it is a reliable aircraft. as we look at a picture of the ntsb increst gating the batteries, the trace the cause of the fire on monday, boeing today on a conference call defended the...
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Jan 10, 2013
01/13
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boeing is plague down a string of mishaps this week, saying quote, it has extreatment confidence in its dreamliner. >>> starbucks' survey found that 1 in 4 have purchased the new cups. >>> overseas bargain hunters climbed into french stores hunting for sales. >>> it's an end of an era for one of monopoly token. >>> finally, an organic nonalcoholic drink for dogs. >>> mark cuban slapped by the nba, the lion dog that sparked calls to 911 and jimmy beats dave. >>> the latest on what called this commuter ferry accident and also this crane collapse. you're watching "first look" on msnbc. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ]
boeing is plague down a string of mishaps this week, saying quote, it has extreatment confidence in its dreamliner. >>> starbucks' survey found that 1 in 4 have purchased the new cups. >>> overseas bargain hunters climbed into french stores hunting for sales. >>> it's an end of an era for one of monopoly token. >>> finally, an organic nonalcoholic drink for dogs. >>> mark cuban slapped by the nba, the lion dog that sparked calls to 911 and jimmy...
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Jan 12, 2013
01/13
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i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first grader $100,000 a year like these guys are getting paid to say that. we have an expression for these people, and i can't say it exactly, but no duh, sherlock. of course, you need to fix the planes, but who has the lease to do in? boeing does. they don't want to see their stock plummets, and god forbid their plane crashes. they'll have 300 huge lawsuits, huge wrongful death lawsuits against them, and they don't want that. neil: you can see boeing, you can never sue the government. >> yeah. neil: in other words, it was the government that okayed the one that blew
i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first...
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let's get to michelle caruso-cabrera who has breaking news on boeing. >> boeing says anticipated u.s. defense budget cuts likely will mean less demand for a variety of boeing products. you don't see a big move in stocks after hours. maybe this was not unanticipated, considering we know what's going to happen with the sequester. a lot of pressure on defense spending regardless of how the outcome is going to be. once again reuters says anticipated u.s. defense cuts will likely mean less demand for a variety of boeing products. >> thanks very much. up next, friday morning movers. next is your money on the line? don't miss it. stay with us. [ male announcer ] staples is the number-one office superstore ink retailer in america. . . for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> welcome back. 30 seconds on the clock now. each of our next guests will tell you what to be prepared for for tomorrow. joining me now, eric marshall along with simir samana and michael james. good to see you, gentlemen. thank you for joining us. eric, we kick things off
let's get to michelle caruso-cabrera who has breaking news on boeing. >> boeing says anticipated u.s. defense budget cuts likely will mean less demand for a variety of boeing products. you don't see a big move in stocks after hours. maybe this was not unanticipated, considering we know what's going to happen with the sequester. a lot of pressure on defense spending regardless of how the outcome is going to be. once again reuters says anticipated u.s. defense cuts will likely mean less...
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Jan 12, 2013
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boeing stock is down today almost 3 percent for the week. gold is down $17.30 but still up $11.90 with a six week losing streak. money flowing into stocks that equity funds took in 18 point* $3 billion that is the largest flow into equities since 2008. joining me now john it is great to see you. people start snoring with the trade gap but it talks about a bigger margin like goldman sachs will lower economic growth. but the market's are holding up. what is the disconnect? >> a widening of the trade gap has the u.s. importing more because they spend more and exports but the year-over-year growth has slowed to 0 percent to barely 2.5 percent today. lori: this is good news? what is the reaction from the market? >> barrett is gross the market does not focus they care about what is happening today. lori: why do people go into stocks when you look at other assets cashier bonds? >> investors expect interest rates will agree main low debt -- indefinitely they believed the bernanke belief through 2015 then the fed will hike the rates the inequities ar
boeing stock is down today almost 3 percent for the week. gold is down $17.30 but still up $11.90 with a six week losing streak. money flowing into stocks that equity funds took in 18 point* $3 billion that is the largest flow into equities since 2008. joining me now john it is great to see you. people start snoring with the trade gap but it talks about a bigger margin like goldman sachs will lower economic growth. but the market's are holding up. what is the disconnect? >> a widening of...
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Jan 8, 2013
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. >> shep: back to days of trouble for the number one aircraft maker boeing and 787 dream liner. according to officials at logan airport, a japan airliner spilled nearly 40 gallons of fuel moments before it was to take off. a fire broke out in the belly of a different airliner at logan filling the cabin with smoke. springer. it has had all kinds of problems? >> it really has. it has a series of electrical problems starting with a fire at a test flight back in 2010. yesterday's battery fire, everyone was off the plane when they discovered smoke in a cabin and traced it to a battery compartment. lithium battery, when the engines are off had overheated. in december there were three less serious problems. one forced a diverted landing in new orleans and one grounded a plane and united ground add plane to replace a power panel and gin rateder. >> it's all electrical power. that generates a lot of heat, just enormous amount of heat that has to be cooled. if you don't cool it then you have failures in the electronics bay. you have failures in the systems >> reporter: boeing says the pro
. >> shep: back to days of trouble for the number one aircraft maker boeing and 787 dream liner. according to officials at logan airport, a japan airliner spilled nearly 40 gallons of fuel moments before it was to take off. a fire broke out in the belly of a different airliner at logan filling the cabin with smoke. springer. it has had all kinds of problems? >> it really has. it has a series of electrical problems starting with a fire at a test flight back in 2010. yesterday's...
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Jan 9, 2013
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we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and de
we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the...
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prudential. >> additional funding is provided by boeing. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. captioning by vitac, underwritten by fireman's fund >>> every single bite needed to be -- >> twinkies in there? >> wow. >> its it's like a great big hug on a cold day. >> not as spicy as i can handle and my parents put chili powder in my baby food. >> french fries bits all over the table and just a lot of
prudential. >> additional funding is provided by boeing. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. captioning by vitac, underwritten by fireman's fund >>> every single bite needed to be -- >> twinkies in there? >> wow. >> its it's like a great big hug on a cold day. >> not as spicy as i can handle and my parents put chili...
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lou: reports of the faa will review the power system of the boeing 787 streamliner confirming it will hold a briefing tomorrow. suffering three mechanical failures three-- this week. the faa will announce the review. production will be part of the evaluation. the faa has decided to open in a special review of the reminder. turn into a new epidemic, a tattoo taking over the bodies of celebrities and athletes and young people. an estimated 45 million americans have tattoos from the fda. the number is rising. here to give us of cents behind the epidemic psychotherapist dr. of ludwig. as he began, i am astonished. 25 percent of americans have tattoos? >> it is an old art form that not a subculture in any more. it is more of a fashion statement to personally brief and oneself. it does not look as strange to people so they're more inclined to get it and not think twice. lou: look at some pictures. that is a famous jet to a of a woman who is presumably his wife with the mark sanchez jersey. the player from the forty-niners there is jerry smith from the new york knicks. >> in some cases it ca
lou: reports of the faa will review the power system of the boeing 787 streamliner confirming it will hold a briefing tomorrow. suffering three mechanical failures three-- this week. the faa will announce the review. production will be part of the evaluation. the faa has decided to open in a special review of the reminder. turn into a new epidemic, a tattoo taking over the bodies of celebrities and athletes and young people. an estimated 45 million americans have tattoos from the fda. the...
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but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it remains to be seen what the faa comes up with. to some extent the faa is, indeed, reacting to public pressure and public concerns and so i'm not sure that the faa officials themselves at this point really know what direction they want to head in. they are going to look at the data and that could take i would say several months, at least. >> andy pasztor from the "the wall street journal", thank you. >> thank you. >> brown: this week provided a glimpse of the latest in technology and high-end gadgets at the annual consumer electronics show, which wrapped up today in las
but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it...
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Jan 12, 2013
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the head of the federal aviation administration says the boeing 787 is safe, but he is concerned about recent incidents including a battery fire and fuel leak earlier this week. therefore the faa is launching a comprehensive investigation into the 787, reviewing everything from design to manufacturing and assembly. as a result the stock took a nose dive, falling around two and a half%. on to a topic we love to cover, a college degree, is it worth it? the question on everyone's mind as credit states crushing debt. phar-mor, i want to welcome the author of from preschool to grad school, strategies for success at any level of competitive admissions. and charlie kirk is the founder of turning point u.s.a., and he has experience being in school because i think he is just out if i have your age right. thank you for coming on. give us your view. is college reported? >> i think it is becoming more and more less an investment that people put into it. the federal reserve released a report a student loan debt has surmounted $1 trillion. kids are waist deep in debt, and it disallows for entreprene
the head of the federal aviation administration says the boeing 787 is safe, but he is concerned about recent incidents including a battery fire and fuel leak earlier this week. therefore the faa is launching a comprehensive investigation into the 787, reviewing everything from design to manufacturing and assembly. as a result the stock took a nose dive, falling around two and a half%. on to a topic we love to cover, a college degree, is it worth it? the question on everyone's mind as credit...
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if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is resigning. this at the time that president obama has picked jack lew to replace tim geithner as treasury secretary. whoever runs the jaret -- the treasury has a critical job. so far 2013 has been marked by fighting over the fiscal could. but americans say they are looking for solutions decisions. we have the ceo of accounting giant duch joining me from -- deloit joining me from new york. what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fisca
if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is...
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is boeing's new dream liner safe? and lion on the loose? that is what 911 callers record but what they saw was entirely different. join us for the news at 11:00. isn't that wild. >> big plans for our dog, molly. >> bonds is the all time home run king. roger clemens, seven time cy young award snubbed by voters today. odd year. nobody deemed worthy. bonds hit a record number of homers. you could make the argument that he had a hall of fame career before he started juicing. either clean or not, long time agent released a statement it's unimaginable for the bets player to play the game would not than the unanimous first ballot. craig biggio got the closest with 67% of the voting. bonds was below 40%. he received less than half of the required 75% so he has long way to go. mike shumann spoke with writer who happens to be the new president of the baseball writers association of america. >> to vote for him? >> i did not. i'm one of those that think the integrity and sportsmanship and instructions of the hall of fame ballot is things we should cons
is boeing's new dream liner safe? and lion on the loose? that is what 911 callers record but what they saw was entirely different. join us for the news at 11:00. isn't that wild. >> big plans for our dog, molly. >> bonds is the all time home run king. roger clemens, seven time cy young award snubbed by voters today. odd year. nobody deemed worthy. bonds hit a record number of homers. you could make the argument that he had a hall of fame career before he started juicing. either...
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Jan 9, 2013
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the stakes are huge, of course for boeing. the dream liner had a lot of buzz but hit by a lot of cough cost and quality issues. analysts don't think it will turn a profit for another 8 years. company stock got hit down 4% since the fire. >> dan springner seattle, dan, thanks. we may learn more about the circumstances surrounding the poisoning death of a chicago area lottery winner. sometime in the next couple of weeks. that's when the medical examiner now says a team will dig up the victim's body to search for more clues. that winter died last summer one day after the illinois lottery sent him a check with the winnings from a scratch offer ticket. lump sum option of half a million dollars after taxes. the medical examiner first ruled the victim died of a disease linked to heart attacks and strokes but the family soon requested that investigators take a second look. and today on "studio b," that medical examiner said his team did not expect a cyanide test to come back positive. >> when it showed up it was a bit surprised. when
the stakes are huge, of course for boeing. the dream liner had a lot of buzz but hit by a lot of cough cost and quality issues. analysts don't think it will turn a profit for another 8 years. company stock got hit down 4% since the fire. >> dan springner seattle, dan, thanks. we may learn more about the circumstances surrounding the poisoning death of a chicago area lottery winner. sometime in the next couple of weeks. that's when the medical examiner now says a team will dig up the...
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boeing stock is down a buck and a half on that. now this: snow in jerusalem, lowest temperature there in decades. lowest temperature in china in three decades. however, the u.s. saw its warmest year on record last year and we've got the greenies fired up about a carbon tax against global warming. listen to this. >> in europe and asia right now we are looking at an arc of severe cold. china and korea have a winter like in the early 1950's when the pacific first flipped into its cold cycle got very, very cold in china and korea first. they're having a brutal winter over there. stuart: carol, and kirsten, real fast with this. you heard conflicting opinions here, brutal cold, china, europe, warm in america, here comes the carbon tax, kirsten, you know i'm right. >> i don't think -- well, i don't know that actually it's going to happen. environmental groups are definitely going to put pressure on the president. i don't think a carbon tax for global warming, but. stuart: nice try. >>. [laughter] i think they're going to use this global w
boeing stock is down a buck and a half on that. now this: snow in jerusalem, lowest temperature there in decades. lowest temperature in china in three decades. however, the u.s. saw its warmest year on record last year and we've got the greenies fired up about a carbon tax against global warming. listen to this. >> in europe and asia right now we are looking at an arc of severe cold. china and korea have a winter like in the early 1950's when the pacific first flipped into its cold cycle...
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faa will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave about 5400 jobs. most from its travel business as more customers book trips online. >>> scholastic has donated about 1 million new books to schools in new york and new jersey that were ravaged by hurricane sandy. >>> did shell oil move a rig? shell is denying the accusations saying that the rig was moved because of weather conditions. >>> and if you haven't started planning your summer vacation, you better get started. according to flipkey.com, inquiries for summer property rentals have risen 40% just the past month alone. >>> tim tebow snubbed again. reverend al sharpton teams up with tyler perry on a cold case. plus,
faa will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave...
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. >> boeing is working with investigators involving the dreamliner aircraft. a fire broke out in the belly of one of their plans and wednesday, fuel was found leaking as it was preparing to fly to tokyo. on wednesday, a japanese airline canceled a domestic flight to tokyo. >> a new jersey beach town is taking a major step forward in efforts to recover from hurricane sandy. governor chris christie joined hundreds of bel mar residents to drive the first pilot for the town's new boardwalk. they say this was the heartbeat of their community. >> there has been a board or -- a boardwalk here since 1875. it is vital to the economic interests of our small business owners. >> the new boardwalk will have structure to help it sustained against hurricanes. the project should be finished by memorial day. a kenyan native in nashville is creating his own brand of energy bars. >> he says he became frustrated with candy bars masquerading as health food. he says his bars consist of natural ingredients include blueberries, rose mary, and chia seeds. many eye-catching gadgets are
. >> boeing is working with investigators involving the dreamliner aircraft. a fire broke out in the belly of one of their plans and wednesday, fuel was found leaking as it was preparing to fly to tokyo. on wednesday, a japanese airline canceled a domestic flight to tokyo. >> a new jersey beach town is taking a major step forward in efforts to recover from hurricane sandy. governor chris christie joined hundreds of bel mar residents to drive the first pilot for the town's new...
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i'm talking about the boeing 787 dreamliner, their latest and greatest hi-tech jet. monday a japan airlines dreamliner filled with smoke after landing. tuesday another had to be towed back to the gate in boston because of a fuel
i'm talking about the boeing 787 dreamliner, their latest and greatest hi-tech jet. monday a japan airlines dreamliner filled with smoke after landing. tuesday another had to be towed back to the gate in boston because of a fuel
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Jan 11, 2013
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as a company boeing remains very profitable. it has about $20 billion on hand and 4200 airplanes on back order but, it could be facing some labor problems as well. negotiations with its engineers have stalled and a strike vote we are told could come as early as next week, bill? bill: dan, something to watch. the hearing continues or rather the statement continues in washington. dan spring in seattle. a bit more context on boeing and its dreamliner. more than 800 are on order by 58 customers. the plane's wingspan tops 197 feet. that is 2/3 of a football field. a look at boeing last year delivered a total of 601 overall. that is the most since 1999 and the first time in a decade that it surpassed airbus in deliveries. 36 past the hour. martha: back to politics now. long-time democratic congressman charlie rangel is criticizing president obama for a lack of diversity in his cabinet nominations. here is charlie rangel's quote. it is embarrassing as hell. we were all this with mitt romney and we were very hard on mitt romney and bind
as a company boeing remains very profitable. it has about $20 billion on hand and 4200 airplanes on back order but, it could be facing some labor problems as well. negotiations with its engineers have stalled and a strike vote we are told could come as early as next week, bill? bill: dan, something to watch. the hearing continues or rather the statement continues in washington. dan spring in seattle. a bit more context on boeing and its dreamliner. more than 800 are on order by 58 customers....
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the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> today, emp
the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global...
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long term boeing will work this out. the 787 will likely go on to be one of the most successful aircraft ever. i think we'll have more of these issues and because media scrutiny is here it will be tough for boeing. ashley: are these type of issues typical for new aircraft, teething problems because boeing is under the microscope? >> they are. these issues are normal but the only problem boeing has had issues, if taken to their full compression could have been catastrophic. a fire, fuel leaks, uncontained engine failures. they have used up a lot of goodwill if you will and so now with media scrutiny upon us it will be more and more difficult and the fact that, you know, there are, you know, this is a unique airplane in the way it is built and the fact it is one of the biggest changes is that it is the most electric aircraft ever built --. ashley: that's right. >> the fact that we're having electrical issues and electrical issues are very difficult to troubleshoot and hunt down, will make this harder i think than previous
long term boeing will work this out. the 787 will likely go on to be one of the most successful aircraft ever. i think we'll have more of these issues and because media scrutiny is here it will be tough for boeing. ashley: are these type of issues typical for new aircraft, teething problems because boeing is under the microscope? >> they are. these issues are normal but the only problem boeing has had issues, if taken to their full compression could have been catastrophic. a fire, fuel...
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and boeing engineers -- by the way, boeing engineers, this is a willing participation by boeing. it's not as though they're calling boeing into the office. boeing is saying yeah, let's sit down and look at this issue together. as you take a look at shares of the boeing, one thing to keep in mind, this review is likely to take several weeks. so we see the headline risk that's likely to be there for boeing. the press conference happening later this morning may just be the latest mark is what we're going to see over the next several weeks where the dreamliner is going to be back in the news on a fairly steady basis. you have to wonder what kind of an impact that's going to have on shares of boeing. >> did al nippon take more deliveries than any other airline? >> they were the launch customer. so yes, so far they have more than others. i don't think that they have the most orders. i'd go to have back and check this. but you know, it's a gradual process, where -- >> saying al nippon every day. that's the thing. so that's where -- right? >> you love saying al nippon. >> no, i don't min
and boeing engineers -- by the way, boeing engineers, this is a willing participation by boeing. it's not as though they're calling boeing into the office. boeing is saying yeah, let's sit down and look at this issue together. as you take a look at shares of the boeing, one thing to keep in mind, this review is likely to take several weeks. so we see the headline risk that's likely to be there for boeing. the press conference happening later this morning may just be the latest mark is what...
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something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of conflict, if you will, were planted early. president obama has been targeting lobbying groups like the chamber since the day he announced his white house run. >> they write the checks, you get stuck with the bill. they get the access while you get to write a letter. they think they own this government, but we're here today to take it back. the time for that kind of politics is over. it is through. >> despite that, the relationship actually started off on a somewhat positive note. the chamber broke with republicans early on in obama's presidency and backed the
something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of...
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sandra: after going lower yesterday, boeing talking about turning things around, leaving the dow today. perhaps shares oversold on the news. >>nicole: they had breaks, a ful issue and electrical fire. one of the analyst said to get in and buy it on the dip. bank of america put them on the upside helping the dow and bank of america weighing heavily. ashley: home builders popping nicely today, a lot of analysts strong on housing this year. nicole: positive on the group overall, many homebuilders hitting 52-week high, 200, 300%. sandra: close out another trading session. let's go ahead and see how things have wrapped up. the dow up to 61 points, s&p 500 up three and three quarters of a percent or one quarter of a percent, the nasdaq composite up one half of 1% or 14 points. the rustle up one half of 1% as well. ashley: facebook small rise. now up after delivering the third quarter results. sandra: and one of the biggest etf losers today moving lower as natural gas itself falls more than 3%. ashley: the solar names are shining today. china will more than double the solar capacity this year
sandra: after going lower yesterday, boeing talking about turning things around, leaving the dow today. perhaps shares oversold on the news. >>nicole: they had breaks, a ful issue and electrical fire. one of the analyst said to get in and buy it on the dip. bank of america put them on the upside helping the dow and bank of america weighing heavily. ashley: home builders popping nicely today, a lot of analysts strong on housing this year. nicole: positive on the group overall, many...
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michael boyd is here to talk about boeing's big moneymaker. connell: the president on the hunt, maybe, for a few good women for his cabinet. we will be talking to charlie rangel about that. 1.9% on the ten year. the logo this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ >> here is your fox business brief. jobless claims unexpectedly rose last week. claims tend to be vulnerable around this time of year because of holidays and seasonal layoffs. joining forces on developing a next generation pickup truck. they have signed a memorandum of understanding to start negotiations. at one point, general motors held a 49% stake in the zoo zoo. the same survey also shows potential employees are making outrageous mistakes. 62% of employers are appearing interested. that is the number one turn off. that i
michael boyd is here to talk about boeing's big moneymaker. connell: the president on the hunt, maybe, for a few good women for his cabinet. we will be talking to charlie rangel about that. 1.9% on the ten year. the logo this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank....
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Jan 11, 2013
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still, though, boeing is standing by their product. the chief engineer got on a conference call with members of the media, saying he still believes despite these issues that the jet is 100% safe to flori fly. he flies it and categorizes these problems as growing pains for any new jet. we'll see what the faa has to say later on today. >> uncomfortable growing pains for boeing right now. thank you very much. >>> all right. 46 minutes past the hour. these pictures look like something the mars rover would send back, right? take a look at that. that is down under. a huge red wall of dust towered over the coast of western australia meteorologists say a storm picked up tremendous amounts of sand dust and dust just passed over the land. a cyclone several hundred miles away has been stirring up severe weather in that area. that looks menacing, doesn't it? >> a lot of weather issues down there. >>> closer to home, from 12 inches to rain, to 12 inches of snow, a lot of weather around the country. alexandra steele has more. >> two sides of the coi
still, though, boeing is standing by their product. the chief engineer got on a conference call with members of the media, saying he still believes despite these issues that the jet is 100% safe to flori fly. he flies it and categorizes these problems as growing pains for any new jet. we'll see what the faa has to say later on today. >> uncomfortable growing pains for boeing right now. thank you very much. >>> all right. 46 minutes past the hour. these pictures look like...
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. >>> mechanical problems keep rolling in for boeing's 787 dreamliner. >> more like a nightmare. three of boeing's brand new planes suffered a slue of issues. >> fire and leaking fuel. >> error message related to the plane's braking system. >> all these little glitches that boeing says they are, or is there something else that's happening? >> reporter: nope. boeing says just growing pains. but airlines are growing impatient. >> they have a quality problem. and this quality problem should be resolved. >> reporter: speaking of problems. >> wow, i tell you quarterbacks, you get all the good-looking women. what a beautiful woman. >> wow! >> whoa! >> reporter: that's legendary sportscaster brent musberger oozing over the 23-year-old girlfriend of the alabama quarterback. >> musberger, chill out, baby. >> some thought it was creepy, but not the beautiful woman herself. >> the fact that he said we were beautiful and gorgeous, i don't see why any woman wouldn't be flattered by that. >> reporter: while we're talking sports, this year's hall of famers for baseball are -- no one. well, thre
. >>> mechanical problems keep rolling in for boeing's 787 dreamliner. >> more like a nightmare. three of boeing's brand new planes suffered a slue of issues. >> fire and leaking fuel. >> error message related to the plane's braking system. >> all these little glitches that boeing says they are, or is there something else that's happening? >> reporter: nope. boeing says just growing pains. but airlines are growing impatient. >> they have a quality...
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phil lebeau's got breaking news ton the 787 boeing dream liner. phil, if you're out there, tell me what you've got, my friend. >> larry, we have learned that the faa is going to be conducting a special review of the power system in the 787 dream liner. essentially this is the faa saying let's take a pause here and take a look at the design, the manufacturing, how the power system works on the dream liner. let me be clear here, this is a special review. this is not an airworthiness directive. it would be a much more serious matter. and it might involve airlines being told stand down, don't fly this plane. that is not what is happening. airlines that have the dream liner will continue to flow it. but the faa is saying this is not simply looking into what happened on monday in boston, we want to do a special review of the power system remember, at the heart of this is the issue of the way the dream liner derives so much of the onboard electricity. this uses much more electricity than any other plane. as a result, it's much more complex than your typi
phil lebeau's got breaking news ton the 787 boeing dream liner. phil, if you're out there, tell me what you've got, my friend. >> larry, we have learned that the faa is going to be conducting a special review of the power system in the 787 dream liner. essentially this is the faa saying let's take a pause here and take a look at the design, the manufacturing, how the power system works on the dream liner. let me be clear here, this is a special review. this is not an airworthiness...
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but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i think we can show awe graph there. you can see how rough the past few years. we'll give you an idea how it might affect the company longer term. here is the maker of europe's air bus, the rival. the dips that collate with the super jumbo. every time you see a dip, that relates to the problems. is that going to play out for boeing as the problems crop up during the investigation? let's take a brief step back, the problem at boeing is really that they have with the dreamliner is what we saw when they launched the triple 7. the triple 7 now is r
but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i...
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the federal aviation administration has ordered a review of the new boeing 787. this news comes after a fire ignited monday in an axillar power unit of an empty plane. the 787 dreamliner is the most advanced plane ever from boeing. >>> other top stories this morning, police are searching for a man who escaped the washington hospital in montgomery county wednesday night. investigators say he suffers from paranoia, suicidal and a history of violence. he's known to carry weapons. police say if you see him, do not approach him. >>> a veteran d.c. police officer accused of sexually assaulting an 11-year-old girl pleads not guilty. palmer was the director of a church choir in southeast washington at the time of the alleged abuse. according to a court affidavit, the woman accusing him says palmer abused her two years inside the church and other places in and around d.c. she said it started in 2004. the judge has palmer held pending a preliminary hearing tuesday. >>> the man accused of shooting into the pentagon and other military targets is scheduled to be sentenced tod
the federal aviation administration has ordered a review of the new boeing 787. this news comes after a fire ignited monday in an axillar power unit of an empty plane. the 787 dreamliner is the most advanced plane ever from boeing. >>> other top stories this morning, police are searching for a man who escaped the washington hospital in montgomery county wednesday night. investigators say he suffers from paranoia, suicidal and a history of violence. he's known to carry weapons. police...
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you mentioned boeing and the fire. boeing is under serious pressure. it has been the number one loser on the dow jones industrial average. now you have the analysts obviously now looking closely at boeing and downgrading it on the heels of the dreamliner fire over in boston. bb&t says it is too much to ignore. they cut boeing to a hold from a buy. caterpillar is on the move. caterpillar raised its price target to 98 bucks from 90. here are others. verizon under pressure. back to you. tracy: thank you, nicole. ash will be here with the numbers at 4:00. ashley: we'll be here with sandra smith. always first run of the season. alcoa, we'll see what they have to say. earning estimates have been cut from back in october like 9% growth. all the way down to 3%. the bar is so low. tracy: that's a good commodity story too. so it is good you have our girl sandra smith with you. ashley: she will be all over it. >>> all right. american small business confidence, well it rose slightly in december but it is still at the second lowest level in nearly two years. this a
you mentioned boeing and the fire. boeing is under serious pressure. it has been the number one loser on the dow jones industrial average. now you have the analysts obviously now looking closely at boeing and downgrading it on the heels of the dreamliner fire over in boston. bb&t says it is too much to ignore. they cut boeing to a hold from a buy. caterpillar is on the move. caterpillar raised its price target to 98 bucks from 90. here are others. verizon under pressure. back to you. tracy:...
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in the context of boeing, boeing is just a few dollars, or had been before these problems were revealed this week, off of new highs for the year. and so the context is you take profits here on a strong gainer. >> i was talking to david, who is always skeptical by what i say, i would hope to say antiseptical by monday, i hope -- >> i just have a little stuffy nose. you're running away from me like i'm typhoid mary. i've had my flu shot. >> i've only had one. >> whooping cough is making a big comeback. >> pertussis. >> come here, jim. >> no, we'll pass on that attractive opportunity. what i think is really interesting is japan is rearming. they're ordering rake yon systems. i think germany is going to have to rearm. i don't mean world war ii. we're pulling back. i bet you we take our soldiers out of japan and germany in the next four years. it costs too much money. these countries are buyers of our hardware. >> we should point out this continued dispute between china and japan over the south china sea continues to escalate. to sending fighter jets into near air space. it's certainly somet
in the context of boeing, boeing is just a few dollars, or had been before these problems were revealed this week, off of new highs for the year. and so the context is you take profits here on a strong gainer. >> i was talking to david, who is always skeptical by what i say, i would hope to say antiseptical by monday, i hope -- >> i just have a little stuffy nose. you're running away from me like i'm typhoid mary. i've had my flu shot. >> i've only had one. >> whooping...
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then, the boeing dreamliner turning into a nightmare for the company as the safety issues keep piling up. an aviation safety expert is here to discuss if we're putting too much technology in our planes. we're going to explain. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [
then, the boeing dreamliner turning into a nightmare for the company as the safety issues keep piling up. an aviation safety expert is here to discuss if we're putting too much technology in our planes. we're going to explain. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to...
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>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same thing, that they are completely safe. it remains to be seen what reports will say. >>> new survey says a third of the universities out there expect tuition to either decline or grow slower than inflation. should parents start celebrating that? >> analysts say don't open up the champagne just yet. the reason why, because of the economic uncertainty, and in job uncertainty, people -- students especially, less interested in four-year colleges, tuition rise 2.6% to 2.7%, less than the everyone 6.7% it usually goes up. but analysts say because tuition is only going up a very sma
>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same...